Here i have looked at SPX PA post the break of the pre corona highs

From my perpective, we have seen two episodes of truly bullish PA (green arrows)

We have also seen long periods of slowly rising price and sideways momentum (boxes on rsi)

The 'channel' here is an inside pitchfork off major preceding pivots

TRADE AT YOUR OWN RISK... NO ADVICE GIVEN

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cuplikan
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Bulls need this move cuplikan
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bulls need to push price to 4850 ish and then the algos can do those low volume low momentum moves up
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cuplikan
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bears just need to hodl this level cuplikan
Trend Analysis

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